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Q: What does other cafe 125 mean on my W2 tax?
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What is business identification?

A business identification is usually in reference to the business employer tax number. This tax number allows the IRS and other governmental agencies to validate that the business is in fact legitimate.


What does pta mean in real estate?

Property Tax Assistance. Check with your applicable state for specific programs available to assist you.


Can you use your tax id with another business?

Yes, if the other business is NOT another entity. Basically it becomes a division of the first.


What rights does an alternate owner on property tax records have to the property if listed as in care of?

The only person with rights to the property is the grantee on the deed. If the tax bills are sent "in care of" another person that other person acquires no interest in the property.


Do oregonians have to pay sales tax in other states?

Answer 1Sales taxes are levied under the laws of the state where the sale occurs. The state requires the seller to charge the tax, and as the sale occurs at the sellers location, the tax is due regardless of where the buyer resides.Depending on the state, and its laws, sales taxes are waived on a sale of an item which will be resold by the buyer, IF the buyer has a sales tax permit and will be collecting and paying sales tax proceeds to a state taxing authority.This is my experience. I have lived in Oregon the majority of my life, with some time in Alaska, Washington, Texas, Illinois, and Virginia. The ONLY state I have ever had sales tax waived was in stores in Washington. If you are buying a non-consumable product, like a TV, CD, clothing, or such, you can show your Oregon ID without paying tax. If you eat there (restaurant) or have a service done, you pay tax, whether you live there or not. When I lived in other states, like Alaska and Illinois, I let it be known I was from out of state, but I always had to pay sales tax. So given this, if you are in a store outside Oregon, not counting the Washington exception, you will more than likely pay sales tax. It never hurts ask for a waiver, but they don't have to.

Related questions

What does other cafe 125 mean on your w 2?

Cafe 125 on a W-2 refers to tax-free benefits provided by an employer. These benefits include health insurance, 401K, and dependent care assistance.


What does other cafe 125 mean on your w-2?

Cafe 125 on a W-2 refers to tax-free benefits provided by an employer. These benefits include health insurance, 401K, and dependent care assistance.


What is 125.00 dollars plus 8.25 percent tax?

$125. x 1.0825 = $135.31


What do you mean tax position management?

What do you mean what do I mean tax position management.


What are all the tax deductions this year concerning medication and Insurance?

I hope you mean the lack of tax deductions. The medical deductions are the same as they have been except the threshold has increased from 7.5% to 10% for most people. You can deduct insurance premiums you pay yourself with after-tax income. This means that the insurance you pay through your employers Section 125, Cafeteria, Section 403 employer, or other pre-tax plans are not deductible. You can claim your co-pays and deductibles but you can't deduct medical expenses paid by insurance.


How do you do income tax?

Is something missing from this question? It doesn't make a lot of sense. Do you mean how do you avoid income tax? Do you mean how does the government tax income? Do you mean, how do you caluclate the amount of income tax that you will have to pay?


What is a pull tax?

I believe you mean a "poll" tax, which was a tax on voting, basically...


What does the “equity” of a tax mean?

the tax is fairly assessed


What does equity of a tax mean?

The tax is fairly assessed.


What does equity of tax mean?

The tax is fairly assessed.


What taxes are not with held under section 125?

Under IRS Section 125 eligible expenses such as medical premiums can avoid income tax (both federal and state), these monies through the use of a Section 125 plan also avoid FICA (Social Security and Medicare) taxes on both the employee and employer matching contribution. Federal Unemployment Tax is exempt and in most cases State Unemployment Tax however depending on the state in can be classified as either a tax or insurance so you will need to determine the state for eligibility. For a list of states that have specific requirement see related link.


What does Maryland do to make money?

What every other state does, tax tax tax!